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XRP Price Surge Could Hit $9.90 Soon

XRP eyes a 226% price surge to $9.90, with potential for even higher gains if key resistance breaks.

  • XRP is showing signs of a major bullish breakout.
  • A 226% rally could push the price to $9.90.
  • Breaking key resistance may send XRP above $20.

XRP is once again in the spotlight as bullish momentum builds around its price. The crypto market is watching closely as XRP appears to be gearing up for another major rally—this time with the potential for a +226% price surge, targeting the $9.90 mark.

Traders and analysts are increasingly optimistic due to XRP’s current technical setup, which shows signs of a breakout pattern similar to its past explosive moves. The last time XRP showed this setup, it delivered massive returns—and now, history may be repeating itself.

$9.90 Target in Sight

According to technical indicators, XRP is forming a consolidation zone just below a key resistance level. If it breaks out of this range, the price could quickly shoot up to $9.90, marking a 226% increase from current levels. This target is based on historical price patterns, Fibonacci extensions, and current bullish momentum.

Volume has been gradually increasing, signaling strong interest from both retail and institutional buyers. The Relative Strength Index (RSI) is approaching a breakout zone, suggesting that buying pressure may soon overpower selling resistance.

What Lies Beyond $9.90?

The $9.90 mark is just the beginning, according to some bullish analysts. If XRP manages to break and hold above this level, the next psychological target could be $20 and beyond. Market sentiment, upcoming regulatory clarity, and Ripple’s ongoing expansion in global financial systems may act as catalysts for further growth.

Investors are advised to watch closely for any strong breakout candles and to keep an eye on volume trends. While the crypto market remains volatile, XRP’s setup suggests that a significant move may be imminent.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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